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Alliance Facts & Figures 2017

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Alliance Facts & Figures 2017 ALLIANCE FACTS & FIGURES 2017 THE ALLIANCE’s GLOBAL FOOTPRINT MAP OF PRODUCTION SITES United Kingdom Slovenia France Romania Russia Spain Turkey Portugal South Korea United States China Mexico Myanmar Japan Iran Algeria Taiwan Bangladesh Colombia Brazil Morocco Egypt Philippines Groupe Renault products India Nigeria Vietnam Nissan/Inniti products Kenya Malaysia Thailand Mitsubishi Motors products Indonesia Vehicle assembly Chile Powertrain South Africa Argentina Australia Cross production activities 02 03 FACTS AND FIGURES FACTS AND FIGURES OVERVIEW OF THE RENAULT-NISSAN ALLIANCE OVERVIEW OF THE RENAULT-NISSAN ALLIANCE Founded in 1999, the Alliance, with its new partner Mitsubishi Motors, FIVE THINGS YOU SHOULD KNOW ABOUT MITSUBISHI MOTORS: is the longest-lasting cross-cultural combination among major carmakers. Mitsubishi Motors is the longest established mass market car This unique partnership is a pragmatic, flexible business tool that can expand manufacturer in Japan. Mitsubishi Motors produced its first car to accommodate new projects and partners worldwide. in 1917 (Mitsubishi A), while Nissan produced its first vehicle The Alliance is a buffer to protect its partners during regional downturns, in 1933 (Datsun12 Phaeton.) Osamu MASUKO and it has accelerated Renault and Nissan’s momentum in some of the world’s President, CEO Mitsubishi Motors is the best-seller of PHEVs in Europe with fastest growing economies. 30K units sold in 2015, and 21K in 2016. The Alliance has helped Renault and Nissan outperform historic regional rivals, Mitsubishi Motors has a strong presence in Stoutheast Asia (7 % market share elevating both companies into an elite tier. As Nissan Motor Co., Ltd. acquired a in the region and this region represents 20 % of Mitsubishi Motors global sales.) 34% equity stake in Mitsubishi Motors on October 20th 2016, together Renault, Nissan and Mitsubishi Motors are in the top four car groups globally in 2016. Mitsubishi Motors bestselling vehicle is the RVR (ASX/Outlander Sports) with 178.9K units sold mainly in China, USA and Australia in FY 2015. Based on cross-shareholding and mutual self-interest, the Alliance business platform maximizes synergies without hurting brand identity. In order to Mitsubishi Triton/L200 pickup truck is popular worldwide with 4.4 million units achieve competitive economies of scale, many automakers are seeking out cumulative sales. It is sold in approximately 150 countries. collaborations similar to the groundbreaking partnership that Renault and Nissan established 18 years ago. EMPLOYEES MANUFACTURING PLANTS REVENUE OPERating MARGIN 6.1% JP¥ 2.27 trillion Renault-NISSAN ALLIANCE 2016 GROWTH 29,000 17 JP¥ 138 billion (FY15) (FY15) The Alliance continued to deliver sustainable growth in 2016 by deepening collaboration between its brands, and maximizing synergies. The combination of Nissan, Mitsubishi Motors and Renault creates a new force in the global auto industry. It is one of the world’s largest automotive groups, with the economies of scale, technological and manufacturing capabilities to produce vehicles to serve customer demand in every market and segment around the world. 04 05 FACTS AND FIGURES FACTS AND FIGURES STRUCTURE OF THE ALLIANCE ALLIANCE SALES 2016 Renault holds a 43.4% stake in Nissan. Nissan holds a 15% stake in Renault. The cross- ALLIANCE COMBINED SALES IN 2016: shareholding model ensures that both partners have a mutual self-interest and encourages Alliance sales reach 9.96 million vehicles in 2016 – one in nine cars sold worldwide. each to pursue “win-win” strategies that benefit both. Nissan holds a 34% equity stake in Mitsubishi Motors. Groupe Renault’s sales were up 13.3 % to 3,182,625 vehicles in 2016 for the last year of the “Drive the Change” plan. Nissan Motor Co. Ltd. sold a record 5,559,902 cars and The Alliance is managed by Renault-Nissan BV, a jointly-owned Renault and Nissan trucks worldwide, up 2.5 %. Mitsubishi Motors sold 934,013 cars worldwide, down 13 %. company based in Amsterdam, the Netherlands. AVTOVAZ, which sells cars under the LADA brand, sold 284,807 vehicles. 34% SUStained LEADERSHIP IN ELECTRIC VEHICLES: 43.4% The Renault-Nissan Alliance, with Mitsubishi Motors, cumulatively sold 424,797 electric vehicles through 2016, making it the undisputed leader in zero-emission mobility. MITSUBISHI The Nissan LEAF remains the world’s best-selling EV with more than 250,000 (including 50% RENAULT-NISSAN B.V. 50% Renault ALLIANCE BOARD NISSAN MOTORS Venucia E30 sales in China) vehicles sold since its launch in December 2010. In addition to the LEAF, Nissan also sells the e-NV200, a light commercial vehicle sold mainly in Europe and Japan since 2014. 15% Since 2011 Renault has sold more than 112,000 electric vehicles worldwide, with Renault ZOE, Kangoo Z.E., Fluence Z.E., the SM3 Z.E. and the Twizy. Renault Pro+ recently announced the addition of two new commercial EVs to its lineup: the New Kangoo Z.E. STRategic COOPERatiON BETWEEN THE ALLIANCE AND DAIMLER: and Master Z.E. In 2010, the Renault-Nissan Alliance and Daimler AG announced a historic collaboration to In 2016, the Alliance, including Mitsubishi Motors i-Miev series, sold 94,265 EVs, up more increase efficiencies worldwide. As part of the agreement, the Renault-Nissan Alliance took than 8 % from 2015. a 3.1% stake in Daimler. Daimler took a 3.1% stake in Renault and a 3.1% stake in Nissan. These stakes have been transferred to Daimler Pension Trust in June 2016. 1.55% 1.55% ALLIANCES KEY FIGURES: 3.1% 3.1% SALES UNITS REVENUES AVTOVAZ: Renault, Dacia, RSM: 3.1 million Renault: €51.24 billion (CY16) AVTOVAZ: 0.2 million In 2012, Renault-Nissan acquired a majority stake in Alliance Rostec Auto BV, a joint Nissan: ¥12.19 trillion (FY15) Nissan: 5.5 million venture with state corporation Rostec which today holds 64.6% of AVTOVAZ. Groupe Mitsubishi Motors: ¥2.27 trillion (FY15) Renault took part in the public offering for recapitalizing AVTOVAZ in 2016. As majority Mitsubishi Motors: 0.9 million shareholder in the Alliance Rostec Auto BV joint venture, Groupe Renault has consolidated AVTOVAZ from 1 January 2017. 06 07 FACTS AND FIGURES FACTS AND FIGURES ALLIANCE SALES 2016 RENault’S TOP-SELLING VEHICLES IN 2016 2016 SALES RESultS (in million units) Renault’s EV RANGE: 1 VAG 10.13 2 TOYOTA 10.01 ZOE 3 GM 9.96 RENAULT-NISSAN Z A MMC NISSAN V 4 -VAZ-MMC RENAULT 9.96 Renault Clio IV 5 HYUNDAI-KIA 7.82 FORD 6 6.66 New Kangoo Z.E (on sale mid-2017) 7 NISSAN 5.56 8 HONDA 4.97 9 FCA 4.72 SM3 Z.E. 10 RENAULT 3.18 11 PSA 3.15 Renault Captur 12 SUZUKI 2.86 13 DAIMLER 2.54 Twizy 14 BMW 2.37 15 MAZDA 1.55 MITSUBISHI 16 MOTORS 0.93 New Master Z.E (on sale end of 2017) Note: Results based on passenger car and light commercial vehicle sales. Dacia Sandero Stepway 08 09 FACTS AND FIGURES FACTS AND FIGURES NISSAn’S TOP-SELLING VEHICLES IN 2016 MITSUBISHI’S TOP-SELLING VEHICLES IN 2016 NISSAN’s EV RANGE: MITSUBISHI’s EV RANGE: Nissan Rogue/X-Trail LEAF Mitsubishi Outlander i-MiEV e-NV200 Minicab-MiEV Nissan Sentra/Sylphy Mitsubishi ASX (RVR/Outlander Sport) Nissan Qashqai Mitsubishi L200 (Triton) 10 11 FACTS AND FIGURES FACTS AND FIGURES ALLIANCE EXPANSION TOP 10 ALLIANCE MARKETS IN 2016 In recent years, the Alliance has launched new industrial projects in Indonesia, TOP 10 ALLIANCE COUNTRIES: Myanmar, Nigeria, Algeria, Aguascalientes (Mexico) and Cordoba (Argentina.) # COUNTRY TOtal SALES MARKET SHARE The Alliance is strengthening its position in Asia thanks to the strong presence (VEHICLES) from Mitsubishi Motors in Southeast Asia. 1 U.S.A. 1,660,690 9.47% 2 China 1,472,588 5.48% THE ALLIANCE IS A POWERFUL BUSINESS LEVER IN EMERGING MARKETS: 3 France 738,344 30.52% Nissan used Renault’s Curitiba plant to establish a foothold in Brazil, Latin 4 Japan 625,409 12.58% America’s largest market, and is now producing vehicles in a new factory 5 Russia* 494,073 34.64% in Resende. 6 Mexico 449,406 28.02% In Russia, the Alliance builds Renault, Nissan, Datsun and LADA models 7 U.K. 336,533 10.96% at the AVTOVAZ plant in Togliatti and in Izhevsk as well as in the Renault plant 8 Germany 319,739 8.89% in Moscow. 9 Italy 262,167 12.99% India is home to the largest Alliance plant, where 12 models are produced. 10 Spain 247,661 18.71% These include: the Renault Duster, Renault Kwid, Nissan Terrano and the *Including AVTOVAZ Datsun redi-GO. Renault began producing cars in China in 2016 at a joint-venture plant with Dongfeng Motor, Nissan’s trusted partner for more than a decade. © MOURON, Roland / PLANIMONTEUR 12 13 FACTS AND FIGURES COOPERATIONS NET INCOME EVOLUTION OF RENAULT AND NISSAN SYNERGIES billion euro billion yen SYNERGIES Overview 4.0 600 3.5 In 2014, the Alliance took a major step in its evolution with the convergence of four 3.0 core business functions: Engineering, Manufacturing and Supply Chain Management, 2.5 400 2.0 Purchasing, and Human Resources. The Alliance generated €4.3 billion in synergies in 1.5 2015, one year earlier than anticipated. The Alliance expects to post €5.5 billion euros in 200 1.0 synergies in 2018. 0.5 0.0 0 -0.5 -1.0 -1.5 -200 1999 Alliance Agreement -2.0 -2.5 1 -3.0 -400 NISSAN REVIVAL -600 -900 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2 Nissan net income (billion yen) EXCHANGE Renault net income (billion euro) BEST PRACTICE & EXPLOIT SYNERGIES 2009 €1.5 BILLION Renault-Nissan BV dedicated team €1.6 BILLION 3 © MEUNIER, Denis €1.7 BILLION Announcement of new mid-term plans HARD SYNERGIES 2012 €2.7 BILLION 2013 €2.9 BILLION 4 2014 €3.8 BILLION SUPPORT 2015 €4.3 BILLION MID-TERM PLANS AND Synergies 2018 €5.5 BILLION GROWTH Manufacturing of Nissan Micra in the Renault Flins plant (Steel department) evolution 14 15 COOPERATIONS COOPERATIONS SYNERGIES CONVERGENCE SYNERGIES Overview Each of the Alliance’s converged functions is headed by an Alliance Executive Vice President.
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